Most of the corporations that exist today are big, dumb, slow moving dinosaurs.
According to John Chambers, Cisco’s CEO, two-thirds of the major companies in the market today will fold sometime in the next 25 years.
And you can already see this coming.
Look at the cable providers like Comcast and Verizon.
People hate them.
Their customer service is famous for how bad it is.
But worse than that, they’re running on outdated technology.
They’re wired. The whole world is moving to wireless.
Thanks to private spaceflight companies like Space-X and Facebook launching satellites, in the next 3-5 years, the world will have enough wireless bandwidth for HD video streaming on any device, any where, any time.
If it’s not Comcast or Verizon that offers it (and it won’t be), they’re done.
Tesla’s all electric self-driving cars are going to shut down at least one or two of the big car companies. Solar power is going to crush the oil and gas industry.
The economy is in the midst of a massive transformation and people are starting to see it. The average college graduate will hold between 15 and 20 jobs in his or her working life.
That’s just the ones that want a job.
More and more people are taking a different route.
Today, according to Forbes, 34% of the US workforce are freelancers or “solopreneurs.” By 2020 it’ll be as high as 50%.
Half of all college students today will end up working for themselves.
And that’s a reality that companies and individuals are both going to have to get used to.
To thrive today, we have to focus on two key traits.
- Be adaptable. Technology is changing how people interact with the world. We’ve got to change with it.
- Be human. Technology, I would argue, is making us more human, not less. We’re more connected than we’ve ever been. People spot inauthenticity and automated responses a mile away. If you’re hiding something, it will come out. If you’re automating, it’ll blow up in your face.
Here’s what really interests me.
We’re out of “career paths.”
It’s like, collectively, we’ve all walked up to the edge of a jungle and we have to find our own way through.
A few trail-blazers have already cut foot paths in – and they’re coming back to show other people how they’ve done it. But the vast majority of it is unexplored territory.
Everyone who forges ahead is on their own adventure. And that’s going to make for some exciting stories.